Regulatory Compliance & Action

  • 31 October, 2016

    What is an Enforceable Undertaking?

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    Enforceable Undertaking

    An Enforceable Undertaking is one of a number of remedies available to law enforcement agencies, such as the Australian Securities & Investments Commission (ASIC) and the Australian Competition & Consumer Commission (ACCC), for breaches of the laws administered by these agencies. Read More >

  • 14 September, 2016

    Responsible lending practices by mortgage brokers report by ASIC – are you a broker at risk?

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    ASIC has recently reported on the responsible lending practices of mortgage brokers in relation to interest-only home loans[1]. The most recent report is a follow up to the findings by ASIC in a report released by the regulator in August 2015[2] and also examines the extent to which changes implemented by lenders in response to such findings have flowed through to mortgage brokers. Read More >